Barrett Business Services Inc (NASDAQ:BBSI) Quarterly Sentiment Change Report

May 22, 2018 - By Clifton Ray

Sentiment for Barrett Business Services Inc (NASDAQ:BBSI)

Barrett Business Services Inc (NASDAQ:BBSI) institutional sentiment increased to 1.32 in Q4 2017. Its up 0.24, from 1.08 in 2017Q3. The ratio is better, as 49 institutional investors started new and increased positions, while 37 sold and reduced their positions in Barrett Business Services Inc. The institutional investors in our partner’s database now own: 5.37 million shares, up from 5.25 million shares in 2017Q3. Also, the number of institutional investors holding Barrett Business Services Inc in their top 10 positions increased from 3 to 4 for an increase of 1. Sold All: 6 Reduced: 31 Increased: 29 New Position: 20.

Barrett Business Services, Inc. provides business management solutions for small and medium-sized companies in the United States. The company has market cap of $638.86 million. The firm has management platform that integrates a knowledge approach from the management consulting industry with tools from the human resource outsourcing industry. It has a 26.25 P/E ratio. It offers professional employer services, under which it enters into a client services agreement to establish a co-employment relationship with each client company, assuming responsibility for payroll, payroll taxes, workersÂ’ compensation coverage, and certain other administration functions for the clientÂ’s existing workforce.

The stock decreased 1.04% or $0.92 during the last trading session, reaching $87.41. About 5,057 shares traded. Barrett Business Services, Inc. (NASDAQ:BBSI) has risen 58.66% since May 22, 2017 and is uptrending. It has outperformed by 47.11% the S&P500.

Analysts await Barrett Business Services, Inc. (NASDAQ:BBSI) to report earnings on August, 14. They expect $1.74 EPS, up 18.37 % or $0.27 from last year’s $1.47 per share. BBSI’s profit will be $12.72M for 12.56 P/E if the $1.74 EPS becomes a reality. After $-1.25 actual EPS reported by Barrett Business Services, Inc. for the previous quarter, Wall Street now forecasts -239.20 % EPS growth.

Tieton Capital Management Llc holds 7.5% of its portfolio in Barrett Business Services, Inc. for 135,384 shares. Ironwood Investment Management Llc owns 62,885 shares or 2.9% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 1.68% invested in the company for 98,673 shares. The Wisconsin-based Heartland Advisors Inc has invested 1.35% in the stock. Penbrook Management Llc, a New York-based fund reported 8,400 shares.

Since January 1, 0001, it had 0 buys, and 3 sales for $725,015 activity.

More news for Barrett Business Services, Inc. (NASDAQ:BBSI) were recently published by: Globenewswire.com, which released: “BBSI Reports First Quarter 2018 Financial Results” on May 01, 2018. Globenewswire.com‘s article titled: “Research Report Identifies Rockwell Medical, Peoples, Cutera, Barrett Business Services, Cray, and Hawkins with …” and published on May 01, 2018 is yet another important article.

Barrett Business Services, Inc. (NASDAQ:BBSI) Institutional Positions Chart

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